ECB’s Weidmann Says Euro Exchange Rate Isn’t a Threat

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European Central Bank Council Member Jens Weidmann

European Central Bank council member Jens Weidmann said the euro’s exchange rate won’t derail the region’s economic recovery. "I wouldn’t consider the euro exchange rate a threat to the economy," Weidmann, who heads Germany’s Bundesbank, said in an interview with Bloomberg Television in Frankfurt today. "What we currently see is not completely out of line with fundamentals and corresponds roughly to the historical average."

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